NOTE TO SUBSCRIBERS: IF YOU USE GMAIL, OUR MAILINGS MAY BE DIVERTED TO PROMOTIONS. YOU CAN ENSURE AGAINST IT BY ADDING AMERICANSYSTEMNOW@GMAIL.COM TO YOUR ADDRESS BOOK. By Nancy Spannaus, editor March 10, 2020–When I first read Alexander Hamilton’s Report on Manufactures some 40 years ago, it transformed my understanding of […]
A Book Review by Lawrence Freeman (The following book review is published with permission from Freeman’s blog Africa and the World where it appeared on June 26. Patrick Kabanda, a native of Uganda, is an accomplished organist who also serves as what he describes as a “well-tempered non-economist,” consulting internationally on […]
The Growth and Collapse of One American Nation, The Early Republic 1790-1861 By Donald J. Fraser Fraser & Associates, Roseville, California, 2020, 605 pp. A Book Review by Nancy Spannaus June 21, 2020—In examining the question of what defines an American identity, author Donald Fraser has chosen one of […]
By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]
By Nancy Spannaus June 4, 2020—Tomorrow will be the anniversary of the June 5, 1968 assassination of Robert F. Kennedy, the third in a series of murders which decapitated the most promising political leadership of the United States. One by one, they fell: President John F. Kennedy, Martin Luther King, […]
Lessons Still to Be Learned By Angela Vullo May 31, 2020–Those of us who never bought into the last 50-year economic shift into de-industrialization and financial speculation should not be shocked at the social unrest which has been unleashed in our country. The murder of George Floyd, a Minneapolis black […]
(May 28, 2020–Progress on reviving the nuclear power industry in the United States is a vital step on the way to actually creating a productive economy that can eliminate poverty and bring prosperity to both our country and the world. It is with that in mind that I wrote the […]
A Report on the May 21 Webinar sponsored by the Alliance for American Manufacturing By Nancy Spannaus May 23, 2020—The Alliance for American Manufacturing (AAMFG), a group sponsored by the United Steelworkers of America (USWA) and several steel manufacturers, did a public service by putting on a webinar devoted to […]
By Nancy Spannaus May 20, 2020—Almost two months ago, the U.S. Congress passed the CARES Act, which committed to spending half a trillion dollars for relief of states and municipalities. Yesterday, the two Administration officials responsible for allocating that money told the Senate Banking Committee that they were still planning […]
By Geoff Smock (The following excellent article, published by the Journal of the American Revolution on May 14, should shock most Americans. Here we have the storied champion of individual liberty, Thomas Jefferson, callously expressing his approval of mass death, because he believes it serves the “greater good” of reducing […]
By Nancy Spannaus June 14, 2020—On March 31, Representative Danny Davis (D-Ill) introduced a new bill calling for the creation of a National Infrastructure Bank. H.R. 6422 is cosponsored by Rep. Seth Moulton (D-Mass); it has been referred to a several Congressional Committees for deliberation. The bill’s magnitude and import […]
Lessons Still to Be Learned By Angela Vullo May 31, 2020–Those of us who never bought into the last 50-year economic shift into de-industrialization and financial speculation should not be shocked at the social unrest which has been unleashed in our country. The murder of George Floyd, a Minneapolis black […]
Draft Legislation To Create a Bank of the United States for Infrastructure and Manufacturing
FDR and the American System
By Nancy Spannaus June 16, 2020—Over 100 days in 1933, newly inaugurated Franklin Delano Roosevelt took a giant step toward the revival of the American System of Economics. The core of that system, as reflected in the Preamble to the U.S. Constitution, is the Federal government’s responsibility for energetically promoting […]